Details
Synopsis
Straightforward advice on investing by the founder of a leading brokerage firm, including how to create investment goals, design an investment plan, and interpret tax laws.
| Size | | Length: | 263 pages | | Height: | 9.8 in | | Width: | 6.5 in | | Thickness: | 1.2 in | | Weight: | 19.2 oz |
Industry Reviews
Schwab, founder of the discount brokerage firm, has written a beginner's guide to investing. He explains the importance of investing and presents worksheets to help determine personal investment goals and risk tolerance. Schwab briefly explains various types of investments and how they have performed over time. His overall advice is to invest long-term for growth through a diversified portfolio of stocks and stock mutual funds both in the United States and overseas. Some of his examples and advice naturally favor Charles Schwab offerings, but the book is generally objective. As a beginner's guide, it gives a lot of information in a few pages, but an appendix lists additional sources of information (including web sites), and there is a fairly extensive glossary. Schwab's wide name recognition and his 4.5 million customers will make this a necessary purchase for all public libraries. Lawrence Maxted, Gannon Univ. Lib., Erie, Pa.
Chafe
[Schwab] pioneered the idea of discount brokerage services. In this new guide, which is more straightforward and focused than Schwab's earlier How to Be Your Own Stockbroker (1984), he convincingly argues that stocks 'provide the best chance for growth overtime.' He compares investing in mutual funds with building portfolios of individual stocks and, for the sake of diversification and liquidity, he considers cash equivalents, such as CDs and money market funds, and fixed-income instruments, such as bonds. Schwab also looks at the tax consequences of various investment strategies, and he concludes with basic, helpful advice on how to get started in the market.
Annotation copyright H.W. Wilson Company.
Rouse
Some of [the] examples and advice naturally favor Charles Schwab offerings, but the book is generally objective. As a beginner's guide, it gives a lot of information in a few pages, but an appendix lists additional sources of information (including web sites), and there is a fairly extensive glossary. Schwab's wide name recognition and his 4.5 million customers will make this a necessary purchase for all public libraries.
Annotation copyright H.W. Wilson Company.
Rouse
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